Harry N.P. Danardojo, CHIEF of Corporate and Strategic Planner, Minna Padi Investama Sekuritas:
Muamalat Must Generate Profit After Two to Three Years
October 16, 2017
Minna Padi Investama Sekuritas (PADI) has aroused much of the investment world’s attention when the investment company became a ‘standby buyer’ for Bank Muamalat Indonesia’s new shares three weeks ago, via a new scheme that gives PADI a preemptive right. If the deal goes through, PADI is set to acquire 51 percent of Muamalat’s shares, worth Rp4.5 trillion. The amount is also hoped to revitalize the country’s first sharia (in accordanc
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